Bluey Blog - Official Blog of Robert B. Bluey

Hank Paulson Cannot Be Trusted

President Bush took a risk when he recruited Hank Paulson to run the Treasury Department. The former chairman of Goldman Sachs had a history of giving to Democrats and liberal causes, among them Bill Clinton, Bill Bradley, Chuck Schumer and the pro-abortion Emily’s List.

Given where Paulson put his money, it’s not surprising to see him abandon basic conservative principles in his job at Treasury. Unfortunately, that’s exactly what happened in the context of the economic stimulus package he negotiated last week.

As I write in my Townhall column today, Paulson did such a poor job representing the White House in negotiations on the economic stimulus deal, it wasn’t clear if he was purposely trying to help House Speaker Nancy Pelosi or simply unaccustomed to how business is done in Washington